$ETH It's totally crazy what happened on 02/21/2025 the biggest crypto hack, who would have thought that one of the largest crypto exchanges, for an amount of 1.4 billion US dollars! Bybit's Ethereum wallet is in trouble, wave of hackers, can you believe it?

The digital catastrophe returns! The Ethereum cold wallet of Bybit, the president of the Singapore branch, was attacked by hackers and 401,347 ETH (worth 1.4 billion dollars) disappeared in an instant, becoming one of the most prominent thefts in the history of encryption. Is it safe in your hands? This is not a movie, it is pure reality!

Cunning hackers: multi-signature wallets are a vulnerability

The hacker snuck in as a ghost, disguised the transaction interface, and tricked the signer into nodding and letting it through. They hid the smart contract logic and deleted the huge amount of ETH tied to stETH, cmETH, and mETH overnight. The funds were divided and scattered in countless labyrinths, like ghosts in a mystery, making it impossible for trackers to trace them. Is this a betrayal of technology or a carelessness of human nature? Do you feel a chill too?

Bybit strikes back: market tremors stop

The CEO spoke out this week: withdrawals are normal, other wallets are intact, and operations are not failing. But the price of Ethereum fell sharply, and market confidence was like a candle in the wind. Bybit teamed up with cybersecurity experts to track down the thieves and vowed to return to the cryptocurrency security scene. But who wouldn't care about a hole worth 1.4 billion yuan? It's a race against time, which side will you be on?#BybitSecurityBreach $ETH